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It Pays to Compare.

Finding the right life insurance solution can be a daunting task. Fortunately, we have the privilege to work with over 20 of Canada’s top insurers, and as such, we can easily compare rates and find the right fit for you.

Our team of experienced financial advisors will help you determine your needs and build the financial plan you and your family need.

Benefit of our services:

  • Get access to a full range of life insurance products
  • Compare rates from leading Canadian providers
  • Obtain expert advice from advisors across Canada
  • Canadian seniors are offered a variety of options
  • No medical life insurance plans available

Your Goals and What Plan is Right

In most cases we have an idea as to what we would like to achieve with a life insurance plan. However, it can be difficult to know what plan is right for us. This table can help match your goals to the most suitable life insurance plan.

Goal
Suitable Life Insurance Plan
  • Obtain most affordable life insurance
  • Cover Mortgage
  • Cover child’s postsecondary education
  • Cover short term debt (loans, credit cards)
  • Protect against loss of income
  • Cover business loans
  • Obtain lifetime protection, with level premiums
  • Have an opportunity for investment
  • Have cash value in policy
  • Receive dividends
  • Have ability to borrow against the policy
  • Protect key man in business
  • Obtain lifetime protection with adjustable premiums
  • Have opportunity to minimize corporate and personal taxes
  • Estate planning
  • Opportunity to manage your own investment portfolio
  • Obtain affordable lifetime protection
  • Obtain protection with no medical exam
  • Cover final expenses
  • Cover estate taxes
  • Cover outstanding debts
  • Obtain lifetime protection with no medical exam or health questions
  • Cover final expenses
  • Cover funeral costs
  • Leave an inheritance gift
  • Establish a trust fund for grandchildren

Compare Different Types of Life Insurance

With so many different types of life insurance plans, it can be difficult at first glance to find the right plan for your needs. This simple table can serve as a quick comparison tool for most plans available on the Canadian market.

Type of Insurance
Policy Length
Coverage Amounts
Additional Info
Type of Insurance
Policy Length
Typically 10, 20, and 30 year terms. Plans available from 1 to 35 years.
Coverage Amounts
$50,000 to $5 million
Additional Info
Rates are guaranteed for length of term. Renewable and convertible without a medical exam. Often the lowest cost plan.
Type of Insurance
Policy Length
For life. Payable for life, or paid-up in 10 or 20 years.
Coverage Amounts
$5,000, up to $10 million
Additional Info
Level cost of insurance for payment period chosen. A cash value on this policy provides a source of income. Some policies allow you to invest with overpayments.
Type of Insurance
Policy Length
For life.
Coverage Amounts
$5,000 up to $5 million. You may increase your coverage as you need.
Additional Info
Flexible cost of insurance that you can change month-to-month. Most plans offer a variety of tax-deferred savings or investment accounts that can build value over time.
Type of Insurance
Policy Length
For life. Policy is deemed “paid up” after age 100
Coverage Amounts
$5,000, up to $10 million.
Additional Info
Often the lowest cost permanent plan. This plan does not have an investment component, and is ideal for low-risk financial planning.
Type of Insurance
Policy Length
For life.
Coverage Amounts
$1,000 up to $300,000
Additional Info
No medical exam required to qualify, you only need to answer simple health questions. Rates are guaranteed for life.
Type of Insurance
Policy Length
For life.
Coverage Amounts
Up to $50,000
Additional Info
No medical exam or health questions. Intended for hard-to-insure individuals. Often includes a two-year deferral period.

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